Policy & Funding

Purple Line Extension secures $1.25-billion federal New Starts grant and $856-million federally-backed loan

Officials from Metro and the Federal Transit Administration signed a pair of agreements this morning in Washington D.C. for a $1.25-billion federal grant and a $856-million federally-backed loan to build the first phase of the Purple Line Extension subway under Wilshire Boulevard. We’ll post video of this morning’s event later. The agreements clear [continue reading]

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